Neptune Digital Assets (CVE:NDA) Stock Price Up 19.4% - Here's What Happened

Key Points

• Neptune Digital Assets Corp. saw a significant stock price increase of 19.4%, with shares trading as high as C$1.31 before closing at C$1.17.
• The company has a market capitalization of C$148.70 million and is involved in various digital currency operations, including Bitcoin mining and cryptocurrency staking.
• Approximately 1,033,394 shares were traded during this spike, which is 49% above its average daily volume.

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) shares traded up 19.4% on Tuesday . The company traded as high as C$1.31 and last traded at C$1.17. 1,033,394 shares were traded during trading, an increase of 49% from the average session volume of 695,207 shares. The stock had previously closed at C$0.98.

Neptune Digital Assets Trading Up 9.5%

The firm has a market capitalization of C$161.41 million, a PE ratio of -127.00 and a beta of 2.18. The business's 50 day simple moving average is C$1.24 and its two-hundred day simple moving average is C$1.46.

Neptune Digital Assets Company Profile

Neptune Digital Assets Corp. builds, owns, and operates digital currency infrastructure assets in Canada. The company stakes and lends various digital currencies. It also engages in the Bitcoin mining, node operations, cryptocurrency staking, and decentralized finance (DeFi) tokens, as well as invests in liquidity mining pools.